Charts on Demand 1-8-2015
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About Jeff White
Jeff White started trading in 1998 and resides in the Dallas/Ft. Worth area with his wife and two sons. Twitter / Google+ / Facebook / StockTwits
Hi Jeff,
recently you talk so much about gaps. More even than support and resistance, momentum, etc. At least so it seems to me. May be in the next COD you can highlight a little why you think they are so important.
Thanks
Helmut
Hi Helmut, gaps are simply becoming more frequent of late and that tends to be the sign of a more volatile market. They are not more or less important than support or resistance, they just are more prevalent at the moment. In terms of the averages, we tend to keep gravitating toward unfilled gaps more than specific levels, which is why I’ve been pointing them out more often. As key levels emerge, I’ll of course continue pointing to them as I always have. Hope this helps!